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    Home > Chemicals Industry > New Chemical Materials > The center of gravity of copper shifted slightly downward, and optimism was gradually digested

    The center of gravity of copper shifted slightly downward, and optimism was gradually digested

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Thursday, the main copper contract 2001 opened at 47200 yuan / ton in the morning, that is, the low, and then the bulls reduced their positions one after another, and the center of gravity moved slightly down to around 47150 yuan / ton until the end of midday; After briefly remaining stable at 47150 yuan / ton at the opening in the afternoon, it then rose slightly and returned to around 47200 yuan / ton, and closed at 47200 yuan / ton, up 220 yuan / ton, or 0.
    47%.

    Copper period

    In terms of external trading, Apanlon copper opened at 5877 US dollars / ton, the center of gravity was slightly lowered in the morning, the center of gravity was basically maintained at 5866 US dollars / ton during the Asian session, and it tested 5864.
    5 US dollars / ton
    at noon.
    Then entered the European market, due to the impact of the previous day's small non-farm employment in the United States was significantly less than expected, the dollar performance was weak, copper prices in the European market appeared a volatile pattern, the high test of 5897.
    5 US dollars / ton, blocked at the 5900 US dollar mark
    .
    As of 17:30, London copper closed at $5890.
    5/ton, up 0.
    35%.

    Shanghai copper high open low go, relying on 47,000 yuan / ton above the narrow finishing in the morning, spot premium continued to rise, the beginning of the flat water copper quotation premium 160-170 yuan / ton, soon the premium 160 yuan / ton was absorbed, and then the road up showed a state of stagnation, flat water copper stood up at 170-180 yuan / ton, good copper basically around the premium 180 yuan / ton, flat water copper and good copper performance of the same quotation, wet copper continues to perform differentiation, better quality wet copper can be reported around 100 yuan of premium, Even more than 100 yuan, but individual merchant brands only stay at about 80 yuan / ton of premium, downstream receiving performance is just demanding, traders are also afraid of high emotions under the rise of the premium, and the enthusiasm for receiving goods has declined
    .
    Although the market is cautious, the target of cargo holders during the week is obviously locked in the first line
    of 200 yuan / ton.
    In the afternoon, mainly due to the high price to suppress the market transaction sentiment, the market willingness to receive goods is low, so it forced some holders to lower the quotation, good copper took the lead to open the reduction, flat water copper followed down
    .

    The center of gravity of Shanghai copper shifted slightly downward during the day, mainly because the optimism of the trade war was gradually digested by the market, and the poor performance of the latest employment data in the United States weighed on the market's expectations for economic growth, and the national strike in France in Europe also had an adverse impact on the European economy.

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